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2. Student loan debt statistics - AOL

   www.aol.com/finance/student-loan-debt-statistics...

   In June, 43.6 million Americans held federal student loan debt, with an average balance of $38,000 per borrower. In total, the U.S. has a collective balance of over $1.7 trillion in student loans ...

3. Americans have $1.7 trillion in student loan debt. How do ...

   www.aol.com/finance/americans-1-7-trillion...

   60% of graduate students take out federal student loans. 47% of U.S. adults say that money issues negatively impact their mental health, according to Bankrate’s Money and Mental Health Survey ...

4. Biden administration discharges another $9 billion in student ...

   www.aol.com/finance/biden-administration...

   President Biden today wiped away an additional $9 billion in student debt. Since he took office, his administration has discharged $127 billion in student loan debt for more than 3.5 million ...

5. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3] Student loan debt has proliferated since 2006, totaling $1.73 trillion by July 2021. In 2019, students who borrowed to complete a bachelor's degree had ...

6. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

7. Higher education financing issues in the United States

   en.wikipedia.org/wiki/Higher_education_financing...

   Student loans totaled more than $1.3 trillion, averaging $25,000 each for 40 million debtors. The debtors average age was 33. Forty percent of the debt was owed by people 40 or older. In a 2017 report by the National Center for Education Statistics, the researchers found that 27% of all student loans resulted in default within 12 years.

8. This Group of Americans Has the Most Total Student Loan Debt ...

   www.aol.com/group-americans-most-total-student...

   Age Group. Total Federal Student Loan Debt. Total Borrowers. Average Student Loan Debt by Age. 24 and Younger. $99 Billion. 7.2 Million. $13,750. 25 to 34. $494.6 Billion

9. Student loan repayments have resumed. Here’s 4 charts that ...

   www.aol.com/student-loan-repayments-resumed-4...

   During the pause, student loan debt growth slowed: from the second quarter in 2020 to the second quarter of 2023, the burden of mortgage and auto loan debt increased by close to 20%, while student ...